Dogecoin (DOGE) is a digital currency based on the "doge" Internet meme, featuring a Shiba Inu on its logo. It was created in December 2013 by Billy Markus from Portland, Oregon, and Jackson Palmer from Sydney, Australia, as a fun and light-hearted cryptocurrency with broader appeal beyond the core Bitcoin audience. Dogecoin was forked from Litecoin. Tesla CEO Elon Musk has expressed his fondness for Dogecoin through several tweets on social media, further increasing its popularity.